23,760 Shares in U.S. Global Jets ETF $JETS Acquired by Ibex Wealth Advisors

Ibex Wealth Advisors acquired a new stake in U.S. Global Jets ETF (NYSEARCA:JETS) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 23,760 shares of the company’s stock, valued at approximately $671,000.

Separately, Highland Investment Advisors LLC purchased a new position in shares of U.S. Global Jets ETF during the 2nd quarter valued at approximately $167,000.

U.S. Global Jets ETF Stock Performance

Shares of NYSEARCA:JETS traded down $0.20 during midday trading on Friday, reaching $28.84. 2,845,688 shares of the company’s stock traded hands, compared to its average volume of 4,037,005. The company has a fifty day simple moving average of $27.88 and a two-hundred day simple moving average of $28.42. The company has a market cap of $911.34 million, a P/E ratio of 14.67 and a beta of 1.30. U.S. Global Jets ETF has a 1 year low of $23.53 and a 1 year high of $34.06.

U.S. Global Jets ETF Company Profile

The U.S. Global Jets ETF (JETS) is an exchange-traded fund that is based on the Stuttgart US Global Jets (USD) index. The fund invests in both US and non-US airline companies. This concentrated portfolio is weighted towards domestic passenger airlines. JETS was launched on Apr 28, 2015 and is managed by US Global.